Microwave Power Transmission Market Outlook:
Microwave Power Transmission Market size was valued at USD 1.97 billion in 2025 and is likely to cross USD 11.7 billion by 2035, expanding at more than 19.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of microwave power transmission is assessed at USD 2.32 billion.
The reason behind the growth is impelled by the rising adoption of renewable energy sources across the globe. The fastest-growing energy source is renewable energy, which includes wind and solar energy as they emit little to no greenhouse gases and are widely accessible.
Moreover, renewable energy, often referred to as clean energy, comes from natural sources or processes which are often located in remote areas. This necessitates the usage of microwave power transmission as it can transfer power over distances of 10 to 15 cm with high efficiency, without the need to deploy a wired power network. More than 90% of the expansion in the world's electricity capacity is anticipated to come from renewable sources by 2026.
The growing adoption of battery-powered devices are believed to fuel the market growth. The number of smart, wirelessly linked devices that rely on batteries for power is rapidly increasing as these batteries can provide convenient and efficient charging solutions. The microwave power transfer technology is more practical and simple to use as cables and connectors are not required, and it can charge the devices wirelessly and without connections.
